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An independent central bank in a democratic country: the Federal Reserve experience


  • William J. McDonough


Remarks before the University of Chicago Law School Conference on Central Banks in Eastern Europe, Chicago, Illinois, April 22, 1994.

Suggested Citation

  • William J. McDonough, 1994. "An independent central bank in a democratic country: the Federal Reserve experience," Quarterly Review, Federal Reserve Bank of New York, issue Spr, pages 1-6.
  • Handle: RePEc:fip:fednqr:y:1994:i:spr:p:1-6:n:v.19no.1

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    References listed on IDEAS

    1. Roger S. Smith, 1990. "Factors Affecting Saving, Policy Tools, and Tax Reform: A Review," IMF Staff Papers, Palgrave Macmillan, vol. 37(1), pages 1-70, March.
    2. Steven F. Venti & David A. Wise, 1990. "Have IRAs Increased U. S. Saving?: Evidence from Consumer Expenditure Surveys," The Quarterly Journal of Economics, Oxford University Press, vol. 105(3), pages 661-698.
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    Cited by:

    1. Stephen Kirchner, 1995. "Central Bank Independence and Accountability: The New Zealand Case," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 2(2), pages 169-180.
    2. Sergio Clavijo, 2000. "Reflexiones Sobre Política Monetaria E "Inflación Objetivo" En Colombia," BORRADORES DE ECONOMIA 003423, BANCO DE LA REPÚBLICA.
    3. Sergio Clavijo, 2000. "Reflexiones Sobre Política Monetaria e "Inflación Objetivo" en Colombia," Borradores de Economia 141, Banco de la Republica de Colombia.


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